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Natural Fiber Reinforcement Materials Market - Forecast(2024 - 2030)
Natural Fiber Reinforcement Materials Market size is forecast to reach $500 million by 2025, after growing at a CAGR of 7% during 2020-2025. Natural fibers in simple definition are fibers that are not synthetic or manmade. The use of natural fiber from both resources, renewable and nonrenewable such as oil palm, sisal, flax, and jute to produce composite materials, The increase in environmental consciousness and community interest, the new environmental regulations and unsustainable consumption of petroleum, led to thinking of the use of environmentally friendly materials will further enhance the overall market demand for Natural Fiber Reinforcement Materials during the forecast period.
Report Coverage
The report: “Natural Fiber Reinforcement Materials Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Natural Fiber Reinforcement Materials Industry.
By Source – Kenaf, Hemp, Jute, Flax, Ramie, Nettle, Pineapple Leaf, Sisal, Date Palm, Cotton, Coconut Fiber, Kapok, Bamboo, Silk, Others.
By End Use – Automotive, Aviation, Building & Construction, Sports, Others.
By Geography – North America, South America, Europe, APAC, RoW.
Key Takeaways
- Asia-Pacific dominates the Natural Fiber Reinforcement Materials market owing to increasing demand from applications such as automotive, aviation and construction industries.
- The growing popularity because of the good properties and superior advantages of natural fiber over synthetic fibers in term of its relatively low weight, low cost, is likely to aid in the market growth of Natural Fiber Reinforcement Materials.
- Increasing adoption of sustainable and environment friendly products, implementation of stringent government regulations increase the market demand for Natural Fiber Reinforcement Materials in the near future.
- The hydrophilic nature of natural fiber reinforced composites is expected to hinder the market growth, due to poor dimensional stability, processability, and porous nature.
Source - Segment Analysis
Kenaf segment holds the largest share in the Natural Fiber Reinforcement Materials market. The kenaf fibers are one of the important fibers belongs to bast fibers. Kenaf is a fibrous plant. They are stiff, strong, and tough and have high resistance to insecticides. The fibers are extracted from flowers, outer fiber, and inner core. The outer fiber is known as bast which makes 40% of the stalks dry weight and the inner core comprises of 60% of stalks dry weight. The kenaf plants upon harvesting are processed by using a mechanical fiber separator and the whole stalk is used in pulping. The extracted fibers must be treated chemically or bacterially to separate it from the non-fibrous substances like wax, pectin, and other substances (Suharty et al., 2016; Arjmandi et al., 2017). These fibers can be converted into fine woven fabrics. these fibers are made as composites along with other materials and are used in automotive, construction, packaging, furniture, textiles, mats, paper pulp, and others. When continuous fibers are used, the fiber architecture can have more than one-dimension. In the one-dimensional architecture, the twist angle and the level of alignment of continuous-filament yarns play a significant role in determining the load. some modifications in the chemical and physical properties of the lignocellulosic fibers can be observed after the treatment of the fiber of rubber wood with laccase enzymes.
End Use - Segment Analysis
Automotive sector has been the primary market for Natural Fiber Reinforcement Materials. Kenaf fiber offers many added advantages in term of low density with higher specific strength and stiffness. Also, it benefits in term of low hazard during the manufacturing processes and low emissions of toxic fumes when subject to heat. Moreover, it also reciprocates oxygen to the environment, is a renewable fiber source, and has the benefit of lower production costs. Surface treatments are an approach used to minimize the incompatibility gap between hydrophobic and hydrophilic materials. These treatments modify the fiber structure, which repairs the mechanical bonding to the polymers. Others than the materials selected, the manufacturing process and machinability seems crucial for their ability to enhance overall performance. The manufacturing process, in term of injection molding and compression molding aids in dispersion and interparticle distance between the composite matrix. Based on the Avrami method, Avrami–Ozawa method, and Friedman method, the corresponding crystallization kinetics of PP reinforced with different acetylation levels of bamboo fibers were further analyzed.
Geography - Segment Analysis
APAC dominated the Natural Fiber Reinforcement Materials market with a share of more than x%, followed by North America and Europe as, Natural fiber Reinforcement materials are majorly used in automotive industry Countries such as India, China, Japan are the major market in this region. According to the annual report of OICA (International Organization of Motor Vehicle Manufacturers), for most vehicles manufactured in year 2018, China, India & Japan are in the top 20 countries around world. In which China has ranked 6th whereas India & Japan are ranked 14th and 18th respectively. So, in countries like these there is a chance of huge growth opportunity for Natural Fiber Reinforcement materials market.
Drivers – Natural Fiber Reinforcement Materials Market
- Replacement for Glass fiber
The replacement of glass fibers with natural fibers for reinforcement in polymer composites appears to be a modern phenomenon. NFCs have vast potential as construction materials and as a replacement of other structural materials (e.g., GRP, steel, concrete) in many applications. The range of natural fiber composites is very diverse, but composites in building construction could be categorized into four main divisions: namely, particle/short fiber reinforced, long natural fiber reinforced, nano (cellulose) composites and consolidated composites.
- Implementation of Stringent Environment Regulations
Implementation of Governments Stringent Environment Regulations towards eco-friendly products are likely to aid in the growth of Natural Fiber Reinforcement Materials (NFPC) Market. Natural fibers with a high specific stiffness and strength can be produced by adding the tough and light-weight natural fiber into polymer. Natural fiber is considered one of the environmentally friendly materials which have good properties compared to synthetic fiber. The biological, chemical, environmental, as well as economic assets of natural fibers can effectively enhance the final properties of the natural fiber composites and their implementation in various industrial applications.
Challenges – Natural Fiber Reinforcement Materials Market
- Impact of COVID 19 on Natural Fiber Reinforcement Materials Market
The rapid spread of coronavirus has had a major impact on global markets as, major economies of the world are completely lockdown due to this pandemic. Because of this major lockdown, suddenly all the consumer market has started to show zero interest towards purchasing any goods. One of the major difficulties, market is facing are the shutdown of all kinds of transportation. Global crisis for all sectors including shipping, which was hit by slowing demand in goods’ production and exports had slowdown the market for Natural Fiber Reinforcement Materials Market.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Natural Fiber Reinforcement Materials market. In 2019, the market of Natural Fiber Reinforcement Materials has been consolidated by the top five players accounting for xx% of the share. Major players in the Natural Fiber Reinforcement Materials Market are Trex Company Inc., Fiberon, FlexForm Technologies, UPM, and Azek Building Products, among others.
Acquisitions/Technology Launches
- In July 2017, Trex Company, Inc., the world’s number-one brand of decking and railing and leader in high-performance, low maintenance outdoor living products, today announced that it has closed the acquisition of SC Company.
1. Natural Fiber Reinforcement Materials Market - Market Overview
1.1 Definitions and Scope
2. Natural Fiber Reinforcement Materials Market - Executive Summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by Source
2.3 Key Trends by End Use
2.4 Key Trends by Geography
3. Natural Fiber Reinforcement Materials Market - Landscape
3.1 Comparative analysis
3.1.1 Market Share Analysis- Top Companies
3.1.2 Product Benchmarking- Top Companies
3.1.3 Top 5 Financials Analysis
3.1.4 Patent Analysis- Top Companies
3.1.5 Pricing Analysis
4. Natural Fiber Reinforcement Materials Market - Startup companies Scenario Premium (Premium)
4.1 Top startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Natural Fiber Reinforcement Materials Market – Industry Market Entry Scenario Premium (Premium)
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top companies
6. Natural Fiber Reinforcement Materials Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Market Opportunities
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Natural Fiber Reinforcement Materials Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Market life cycle
7.4 Suppliers and distributors Analysis
8. Natural Fiber Reinforcement Materials Market– By Source (Market Size -$Million)
8.1 Kenaf
8.2 Hemp
8.3 Jute
8.4 Flax
8.5 Ramie
8.6 Nettle
8.7 Pineapple Leaf
8.8 Sisal
8.9 Date Palm
8.10 Cotton
8.11 Coconut Fiber
8.12 Kapok
8.13 Bamboo
8.14 Silk
8.15 Others
9. Natural Fiber Reinforcement Materials Market – By End User (Market Size -$Million)
9.1 Automotive
9.2 Aviation
9.3 Building & Construction
9.4 Sports
9.5 Others
10. Natural Fiber Reinforcement Materials Market - By Geography (Market Size -$Million)
10.1 North America
10.1.1 U.S.
10.1.2 Canada
10.1.3 Mexico
10.2 South America
10.2.1 Brazil
10.2.2 Argentina
10.2.3 Colombia
10.2.4 Chile
10.2.5 Rest of South America
10.3 Europe
10.3.1 U.K
10.3.2 Germany
10.3.3 Italy
10.3.4 France
10.3.5 Russia
10.3.6 Spain
10.3.7 Netherlands
10.3.8 Belgium
10.3.9 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Australia & New Zealand
10.4.6 Rest of Asia Pacific
10.5 RoW
10.5.1 Middle East
10.5.1.1 UAE
10.5.1.2 Saudi Arabia
10.5.1.3 Israel
10.5.1.4 Rest of Middle East
10.5.2 Africa
10.5.2.1 South Africa
10.5.2.2 Nigeria
10.5.2.3 Rest of Africa
11. Natural Fiber Reinforcement Materials Market- Entropy
11.1 New Product Launches
11.2 M&A’s, Collaborations, JVs and Partnerships
12. Market Share Analysis (Premium)
12.1 Market Share by Country- Top companies
12.2 Market Share by Region- Top companies
12.3 Market Share by type of Product / Product category- Top companies
12.4 Market Share at global level- Top companies
12.5 Best Practices for companies
13. Natural Fiber Reinforcement Materials Market- List of Key Companies by Country (Premium)
14. Natural Fiber Reinforcement Materials Market Company Analysis
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 Company 1
14.3 Company 2
14.4 Company 3
14.5 Company 4
14.6 Company 5
14.7 Company 6
14.8 Company 7
14.9 Company 8
14.10 Company 9
14.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"
LIST OF TABLES
1.Global Natural Fiber Reinforcement Material Market, By Type Market 2019-2024 ($M)1.1 Hemp Market 2019-2024 ($M) - Global Industry Research
1.2 Flax Market 2019-2024 ($M) - Global Industry Research
1.3 Kenaf Market 2019-2024 ($M) - Global Industry Research
1.4 Jute Market 2019-2024 ($M) - Global Industry Research
2.Global Natural Fiber Reinforcement Material Market, By End-Use Industry Market 2019-2024 ($M)
2.1 Transportation Market 2019-2024 ($M) - Global Industry Research
2.2 Building Construction Market 2019-2024 ($M) - Global Industry Research
3.Global Natural Fiber Reinforcement Material Market, By Type Market 2019-2024 (Volume/Units)
3.1 Hemp Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Flax Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Kenaf Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Jute Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Natural Fiber Reinforcement Material Market, By End-Use Industry Market 2019-2024 (Volume/Units)
4.1 Transportation Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Building Construction Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Natural Fiber Reinforcement Material Market, By Type Market 2019-2024 ($M)
5.1 Hemp Market 2019-2024 ($M) - Regional Industry Research
5.2 Flax Market 2019-2024 ($M) - Regional Industry Research
5.3 Kenaf Market 2019-2024 ($M) - Regional Industry Research
5.4 Jute Market 2019-2024 ($M) - Regional Industry Research
6.North America Natural Fiber Reinforcement Material Market, By End-Use Industry Market 2019-2024 ($M)
6.1 Transportation Market 2019-2024 ($M) - Regional Industry Research
6.2 Building Construction Market 2019-2024 ($M) - Regional Industry Research
7.South America Natural Fiber Reinforcement Material Market, By Type Market 2019-2024 ($M)
7.1 Hemp Market 2019-2024 ($M) - Regional Industry Research
7.2 Flax Market 2019-2024 ($M) - Regional Industry Research
7.3 Kenaf Market 2019-2024 ($M) - Regional Industry Research
7.4 Jute Market 2019-2024 ($M) - Regional Industry Research
8.South America Natural Fiber Reinforcement Material Market, By End-Use Industry Market 2019-2024 ($M)
8.1 Transportation Market 2019-2024 ($M) - Regional Industry Research
8.2 Building Construction Market 2019-2024 ($M) - Regional Industry Research
9.Europe Natural Fiber Reinforcement Material Market, By Type Market 2019-2024 ($M)
9.1 Hemp Market 2019-2024 ($M) - Regional Industry Research
9.2 Flax Market 2019-2024 ($M) - Regional Industry Research
9.3 Kenaf Market 2019-2024 ($M) - Regional Industry Research
9.4 Jute Market 2019-2024 ($M) - Regional Industry Research
10.Europe Natural Fiber Reinforcement Material Market, By End-Use Industry Market 2019-2024 ($M)
10.1 Transportation Market 2019-2024 ($M) - Regional Industry Research
10.2 Building Construction Market 2019-2024 ($M) - Regional Industry Research
11.APAC Natural Fiber Reinforcement Material Market, By Type Market 2019-2024 ($M)
11.1 Hemp Market 2019-2024 ($M) - Regional Industry Research
11.2 Flax Market 2019-2024 ($M) - Regional Industry Research
11.3 Kenaf Market 2019-2024 ($M) - Regional Industry Research
11.4 Jute Market 2019-2024 ($M) - Regional Industry Research
12.APAC Natural Fiber Reinforcement Material Market, By End-Use Industry Market 2019-2024 ($M)
12.1 Transportation Market 2019-2024 ($M) - Regional Industry Research
12.2 Building Construction Market 2019-2024 ($M) - Regional Industry Research
13.MENA Natural Fiber Reinforcement Material Market, By Type Market 2019-2024 ($M)
13.1 Hemp Market 2019-2024 ($M) - Regional Industry Research
13.2 Flax Market 2019-2024 ($M) - Regional Industry Research
13.3 Kenaf Market 2019-2024 ($M) - Regional Industry Research
13.4 Jute Market 2019-2024 ($M) - Regional Industry Research
14.MENA Natural Fiber Reinforcement Material Market, By End-Use Industry Market 2019-2024 ($M)
14.1 Transportation Market 2019-2024 ($M) - Regional Industry Research
14.2 Building Construction Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)2.Canada Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
3.Mexico Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
4.Brazil Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
5.Argentina Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
6.Peru Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
7.Colombia Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
8.Chile Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
9.Rest of South America Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
10.UK Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
11.Germany Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
12.France Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
13.Italy Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
14.Spain Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
15.Rest of Europe Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
16.China Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
17.India Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
18.Japan Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
19.South Korea Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
20.South Africa Natural Fiber Reinforcement Materials Market Revenue, 2019-2024 ($M)
21.North America Natural Fiber Reinforcement Materials By Application
22.South America Natural Fiber Reinforcement Materials By Application
23.Europe Natural Fiber Reinforcement Materials By Application
24.APAC Natural Fiber Reinforcement Materials By Application
25.MENA Natural Fiber Reinforcement Materials By Application
26.Agrofiber Sa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Bast Fiber Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Greene Natural Fiber Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Hempflax Bv, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Hempline Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Kenaf Industry Of South Texas, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Nfc Fiber Gmbh, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Procotex Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Saneco S A, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Schweitzer-Mauduit International, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)